Other · DOL Form 5500 · 2023

Inova Health System Retirement Plan

Data updated 2026-08-11

$149M
Total assets
19,826
Participants
94th
Percentile by assets
$7,534
Avg per participant
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Official DOL plan name: Inova Health System 403(b) Plan · Sponsored by Inova Health System · Virginia · Healthcare & Social Assistance

$149M in assets, 19,826 participants

Inova Health System's Inova Health System 403(b) Plan reported $149M in total assets and 19,826 participants in its 2023 DOL Form 5500 filing, ranking in the 94th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 94th percentile by assets (of 127,072 plans)
  • #16,684 in Healthcare & Social Assistance (17,684 peers)

Coverage in Virginia

Inova Health System 403(b) Plan covers 19,826 participants in Virginia, 25x the typical Virginia plan (state average ~782 per filing). Assets: $149M.

$149M
total plan assets (2023 EOY)
19,826
covered participants
94th
percentile by assets (of 127,072 plans)
$7,534
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Inova Health System 403(b) Plan reported net income rose from -$31M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Inova Health System 403(b) Plan end-of-year assets rose from $131M in the plan year 2022 filing to $149M in the plan year 2023 filing.
  • Inova Health System 403(b) Plan reported participants rose from 17,563 in the plan year 2022 filing to 19,826 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Inova Health System 403(b) Plan reports 19,826 participants - 25x that state average ($149M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$131M
Net Assets (End of Year)$149M
Net Income$18M
Employer EIN541071867
Plan Effective Date1981-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Inova Health System)

$2B$2.5B$3B$3.5B$4B 202220232024 $2.49B $3.65B ▲ +46.6%
Total plan assets by year, all Inova Health System plans on file
Year Plans Participants Total Assets
2022 2 35,478 $2.5B
2023 2 39,461 $3.1B
2024 2 43,773 $3.7B

Nearby Other Plans in Virginia

Peer Other plans, same state, same plan type, ranked by total assets.

Inova Health System 403(b) Plan vs. nearby Other plans in Virginia, assets vs. participants

Inova Health System 403(b) Plan vs. nearby Other plans in Virginia, assets vs. participants Scatter plot of 6 data points. 0100002000030000 -101234 Total assets ($B) Participants Inova Health System …Sentara 403(b) Savin…The George Washingto…Institute for Defens…Carilion Clinic 403(…Centra Health Matchi…
Inova Health System 403(b) Plan vs. nearby Other plans in Virginia, assets vs. participants

Scale composition for Inova Health System 403(b) Plan

Inova Health System 403(b) Plan reports $149M in end-of-year assets across 19,826 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.021% of 93,925,755 covered participants) - about $7,534 per participant (5% of the national average assets-per-participant) . Net income for plan year 2023 was $18M.

This plan identity (EIN 541071867, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $131M to $157M (+19.4%) while covered participants moved from 17,563 to 22,057 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 17,563 $131M Open filing
2023 19,826 $149M This page
2024 · index core 22,057 $157M Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized Other Plans Nationally

Other plans in other states closest to Inova Health System 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Inova Health System 403(b) Plan assets move in 2023?
Inova Health System 403(b) Plan grew at a solid clip - up 13.9% during 2023, from $131M to $149M. Reported net income was $18M.
How have Inova Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), Inova Health System's sponsor-wide assets grew 46.8%, from $2.5B to $3.7B.
Where does Inova Health System 403(b) Plan rank by assets among Form 5500 filers?
Inova Health System 403(b) Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Other plans are similar in size to Inova Health System 403(b) Plan?
Among Other plans in other states, the closest by assets is Elizabethtown College Defined Contribution Retirement Plan in PA ($149M, 699 participants).

Filing takeaways

Ways to act on Inova Health System 403(b) Plan's numbers.